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big earnings reports coming in. we're awaiting on hp and aig. the bank that used to be essentially owned by, you, the taxpayers. we'll bring you the numbers as soon as they are released. markets shaken up by the minutes released from the federal reserve yesterday. coming up, we have dick evans, chairman and ceo of cullen frost bankers, member of the advisory banker of the fed, and his bank didn't take a dime of t.a.r.p. money and was able to survive and grow without t.a.r.p. funds. what he says is hurting our economy and what we need to spark more growth. sandra: crocs ceo joining us first on stock business, a pop today, following earnings, find out what the foot ware company is doing to follow up a record setting 20 # 12. david, the shoes still sell like hot cakes. daifd -- david: they came back because of good management. we'll talk about that, but, first, what drove the markets today with the data download. a sea of red on wall street with all three ending lower the second day in a row. s&p in negative territory for the week, on track to snap the longest winning streak in more t
thought was good for us all. i am honored to be here with american enterprise institute and for me it's like coming to the mac and the promised land and certainly we recognize the great contributions that the american enterprise is given over many years in helping us with the development of policy and understanding of what's taking place particularly here in washington d. c., so thanks for the invitation to come here and speak. we are going to talk about health care today and from a utah perspective, my view of the world when it comes to health care. it's a complicated topic and it's certainly an important topic and i know health care has been on the lips of many, the watercooler topic that it may be. i have heard the story of the four country surgeons in utah talking about health care issue and they got into the conversation of who is the easiest person to operate on? and the one doctor says i can tell you the easiest people to operate on a really mathematicians. when asked why mathematicians come to when you open them up and take them apart all of their parts are numbered so it's ve
. the u.s. trade gap narrows as the world buys more made in america products and the u.s. buys less foreign oil. >> susie: and with gas prices rising, chevy hopes its new diesel chevy cruze will attract buyers looking for more miles per gallon. >> tom: that and more tonight on "n.b.r." >> susie: millions of people are bracing tonight for a powerful snow storm that could cripple the east coast. some forecasters say this could be the blizzard of the century with record amounts of snow and extremely strong winds. in parts of the northeast, transportation was shut down. the governors of massachusetts and connecticut declared a state of emergency and banned car travel, train service and cancelled flights in and out of boston. while the worst of the storm has yet to hit, many businesses and cities were busy making preparations today. erika miller reports. >> reporter: this monstrous storm is already being compared to the great blizzard of '78, when vast amounts of snow blanketed the ohio valley and the great lakes. that storm lasted 36 hours, leaving cars stranded. this storm could also b
pushing up fuel prices. those higher prices come as gasoline is also on the rise. joining us now with the outlook for energy, alan harry. he's portfolio manager and c.e.o. of the spartan commodity fund. alan, let me first start off by talking to you about home heating oil. we saw prices up this week 3%. what is the trend going forward? >> well, thank you for having me. what i look at right now is short term we're going up a little bit more. longer term we're heading down. two, three weeks we're going to go up just a little bit more. after that, down we go. >> susie: why is that? >> well, i think we're coming to the close of the heating season. we already have an idea of what days we have left of heating. and it's not using up enough. so they've kept a lot in reserve, a lot of speculation coming to the market, and it's not getting used up. two, three weeks we have a great idea of where we will sit heating season wise. after that, down we go displuz for most of the u.s., households use natural gas. they don't use heating oil. and the ones that do are mostly in the northeast. so com
liesman. also at the table with us this morning, our guest host is andy surel. andrew just talked about the markets. stocks ending at session lows yesterday. in fact, all ten s&p sectors closed lower. yet the bulls betting this is nothing more than a bull pac. but we will have a number of powerful investors for their thoughts throughout yao the morning. jim o'neill will join us in just a few minutes. then in the next half hour, the man charged with making sdigs for how blackrock invests more than $1 trillion, the firm's chief investment strategist, russ koesterich. nouriel roubini will be joining us and we're going to ask him for his current view of the world. in the following hour, buy and hold is the name of his game, barons capital ceo ron baron will be our special guess. he's been talking to us about how great of an opportunity stocks have been. we'll see if he's still feeling that optimistic now that stocks have reached 14,000 or close to it. >>> how majority leader eric cantor is set to address a major policy issue today. the goal here is trying to rebrand the gop. moving on, befo
with a little bit of discouragement. those are the issues in front of us. where are earnings going forward into the next few quarters? >> thanks, harry. as always, the market, a crazy day. earnings coming up from hewlett-packard. david faber will have that and bob benmosche talking about his numbers from aig. second hour of the "closing bell" right now. i'll seal you tomorrow. >> have a good one. >>> and it is 4:00 on wall street. do you know where your money is? hi, everybody, welcome back to the "closing bell." i'm maria bartiromo on the into of the new york stock exchange. man, a roller coaster ride today on wall street as the major averages close lower for a second day in a row, off of the worst levels of the day. market had been down close to 100 points. we're finishing down 49 points on the dow jones industrial average after hitting the lows about half an hour ago when the market was down 13 point. nasdaq giving up 33 points tonight. technology one of the leadership groups on the downside and the s&p 500 weaker by 9.75. moments away from aig and h-p earnings. david faber is live toni
. following the consequences of the drought last year, the president directed us to create a drought task force, made up of all federal agencies, to try to mitigate the impacts and effects of drought. that led us to begin thinking at usda about steps we can take to help producers during a difficult time. we took a series of steps to try to mitigate the consequences. we opened up crp land, and changed premium payments, things of that nation -- that nature. it also got us thinking -- were there other steps, other things we should be doing, to provide help and assistance? it occurred to us perhaps we should be focused more acutely on the need to encourage multi- cropping through the united states, in order for us to do a better job of conservation, to create biomass that could be a revenue source, and to potentially allow us to conserve precious water resources, which would in turn allow us to get through these drought circumstances in a more favorable circumstance. we have begun a process of looking at ways in which we could provide assistance. you will be fortunate to hear from a fellow by
use only might accumulated leave time for this birth, and i made arrangements to have the child adopted at birth. pregnancy was immoral and administrative grounds for discharge, and that was that. so susan was sent back to the west coast where she was represented by the aclu of the state of washington. they managed to stay or discard -- to stay for discharge month by month. she lost in district court. she lost in the ninth circuit, but with an excellent defense. [laughter] the supreme court took her case, and they then -- and then the solicitor general been the dean of the first law school i attended, he saw a real damage potential for the government in susan's case. so he convened the military brass and he said, that rule about pregnancy being an automatic grounds for discharge, that's not right for our time. you should immediately wave the captain's discharge and then change the regulation. for the future. and that's what happened. now, the law students know what that meant for our case. the government had given susan everything she was asking for, so the government then immed
as a u.s. senator from massachusetts. mr. president, i am proud to join my colleagues today in support of the violence against women act of 2013. i do so not just as a senator but as a mother of two daughters. this critical legislation has been held up for far too long, and it's past time for reauthorization. we have a serious responsibility to ensure that women and families are protected. the rates of violence and abuse in our country are astounding and totally unacceptable. according to a 2010c.d.c. study, domestic violence affects more than 12 million people each year. across the united states, 15 1/2 million children lives in homes in which domestic violence has occurred. and in my home state of north carolina alone, 73 women and children are killed on average every year because of domestic violence. let me say that number one more time. 73 women and children are killed every year due to domestic violence. these are alarming statistics, and we must act now to address them. since 1994, vawa programs, and in particular the stop program, that provides grants for services, training, of
. there are new claims of a responsibility for a terrorist attack on the u.s. embassy in turkey. we know about the group and how they fit into the wider global terror network. >> the white house on defense over defense secretary nominee chuck hagel's explosive and contentious senate hearing. what are the chances that he'll get confirmed. >>> the dow closing above 14,000 for the very first time in years. will it continue? that's the big question. >>> but up first some brand new developments this out of alabama. that's where a 5-year-old boy remains hostage in an underground bunker. at this hour authorities sent a special message to the man holding him there, jimmy lee dykes. the standoff began five days ago when police say dykes kidnapped the boy from his school bus after shooting the driver. jonathan serrie is live at the scene in midland city, alabama. what's the latest? >> reporter: no resolution as the hostage standoff goes into a fifth afternoon. however, authorities say they are in constant communication with 65-year-old jimmy lee dykes communicating through the pvc pipe that provides ven
to be covering jobs in the market. vince reinhart will be joining us. and what is a jobs friday without a little shot of rock and roll? kansas is celebrating 40 years in the music business. it has been a very changed scene over those 40 years. we have the founding member, drummer and band manager phil e. hart. andrew, obviously, we have it all today. we do, we do. it's great to see you, becky. joe mentioned stocks are off to a very strong start this year. if you believe in the january barometer, it's a great sign for the bulls. the theory satsdz that the s&p direction in january sets the tone for the next 11 months. the s&p ridesing more than 5% for this january. the transports, by the way, even stronger with a more than 9% gain. the nasdaq also positive, up 4%. here are a few stats of note that are worth thinking about. it was the best month for the dow industrial transports and s&p 500 since october 2011. the best january for the dow industrials since 1994. it's the strongest start to the year for transports since 1991 and the largest january returns for the s&p 500 since 1997. professor jerem
numbers are a positive sign for the u.s. economy. investors were worried about some not so good signals today about europe's economy. stocks turned negative on comments from europe's central bank president saying the strong euro could dampen europe's recovery. here on wall street, the dow fell 42 points, the nasdaq lost three and the s&p slipped over two points. >> tom: still ahead, douglas burtnick joins us, he's with aberdeen asset management. >> susie: a battle is brewing between a big name hedge fund investor and apple. at issue: how to get apple to unlock value for shareholders. today david einhorn of greenlight capital sued apple to block a move that would stop the use of preferred shares. shareholders will vote on this at apple's annual meeting on february 27. what einhorn is proposing is that apple pay out more of its cash hoard to investors, using a special kind of preferred stock. einhorn has a lot at stake: his fund owns more than one million shares of apple, and while the stock rose a bit today, it's down 35% since its peak of $700 last september. late today apple issued thi
. >> reporter: with earnings season winding down, wall street could use some new headlines to chew on. good economic data would be nice. friendly washington politics would also be helpful. tonight's state of the union speech might give investors a clue as to whether that's likely to happen. veteran trader teddy weissberg is hoping president obama will stress the need for bipartisanship but isn't sure that's what he'll hear. >> in terms of tonight, i don't think anybody that i talk to in the wall street arena expects to hear anything terribly dramatic one way or another. >> reporter: since lawmakers and the white house kicked the proverbial can down the road around new years, the stock market has rallied rather nicely. the s&p 500 is up nearly 7% and the dow is about 150 points away from its all-time high. of course, stocks have been getting help from corporate america, too. it turns out fourth quarter profits were better than expected, led by the housing sector and financial firms. >> about 345 companies have reported so far, of which 70% have beaten earnings expectations and 66% have beate
, denying the reports. and countering it was the victim of u.s. hacking. >>> and the bulls are back from a three-day weekend. can the s&p 500 post an eighth straight week of gains? we've got four days to find out. it's tuesday, february 19th, 2013. "squawk box" begins right now. >>> good morning, everybody. welcome to "squawk box" here on cnbc. i'm becky quick along with joe kernen and andrew ross sorkin who is back from vacation. let's get started with the markets. as joe mentioned, the s&p winning streak has been a strong one. in the meantime, the dow is coming off a second straight weekly loss. although, really, if you looked at this last week, it was the ever so slightest of losses. u.s. equity futures are indicated higher. dow up by 21 points. s&p is up by two points above value fair and the nasdaq is up about 3. in 20 minutes, we'll turn to predictions on where the markets go from here. then in the next hour, delivering alpo. we'll talk to the manager of a $11.5 billion hedge fund. this fund was up 30% last year. don't miss pine river's ceo brian taylor. on our radar this morning,
, cisco systems on tech spending. government orders not what they used to be for routers and switches, and european buyers watching euros and cents. john chambers is live on how to fulfill the promise to energize earnings. treasure in the trash. making money on what others throw away, especially on valentine's day. the dough in the hands of shareholder, company upping dividends again. waste management ceo joins us live in a fox business exclusive. "countdown to the closing bell" begins right now. ♪ good afternoon, everybody, i'm liz claman, the last hour of trading, and with the largest food acquisition on record to spike the markets, trading mixed in a narrow range. u.s. airways, we have turbulence there. it is down about 8% and change. this, as the rumor becomes the news. u.s. airways merging with asr, parent of american airlines, the deal that creates the world's largest character. sketchers off to the races, shares are skyrocketing here, a nice move of 12%, the maker of mens and women's footware with whether or not blowout numbers, and we got the shoes, yeah, thanks to strong de
host who has been back with us, jeremy siegel, the bull. steve liesman, also thank you for sitting in all week. that's been terrific. becky and joe, it's been great. good luck over the weekend. we hope you get back here and it all works out. say hello to nemo and the weather. we're going to see you -- >> be careful with all that snow. >> absolutely. anyway, make sure you join us monday. "squawk on the street" begins right now. >>> good friday morning. welcome to "squawk on the street." i'm melissa lee. we're live from the new york stock exchange. let's see how your friday session is setting up on the u.s. futures. it looks like we'll have a positive session with the s&p looking at 2 at the open, dow looking at 13. in europe, the eu summit continues. but the action really taking its cues from china this morning. we have green arrows across the board in europe. take a look at asia. strong eco data out of china in focus. much more on that in just a moment. the road map begins at the golden arches. not even the cheddar onion burgers could help mcdonald's. they missed estimates in every
that. but in any event, it's the group using the one and half million cell phones but it's the group watching the south korean soap operas but it's the group that is becoming the information consumers of north korea who are desperate for more information or salivating, the chairman of google was visiting because they are thinking that the opportunities for their closed system internet. and then there's all the north koreans a sickly, the rest of north korea, most of north korea, where just puncturing the bubble of censure, of censorship that exist in north korea with what north korea really spends on defense, what it spends on its missile programs. i've always equated it to the lesson of development including the local aid budget upon the village schoolhouse door so villagers would know if the village elders were stealing the money. that was intended for the schoolhouse. i think we can through basic information in this age that more and more north koreans know about the human rights record. north korean database that's now a permanent growing database now, five, six years running bec
for this call. then there's ncl corporation, cruise ship tax are red hot. tuesday brings us to the avon lady in the morning. direct selling has been under a lot of attack, as we know from herbalife. is andrew young still playing a role? hope not. mcgraw-hill also reports tuesday. well, well, well, talk about an earnings side show, let's listen to see how the analysts try to pry some news about the justice department's investigation of s&p's ratings of mortgage-backed bonds, as if anyone actually cares about the earnings. we get results from michael coors, too. we're thinking of developing a great gatsby index. we heard from ralph lauren that things are smoking in this category, not just good but great. can kors deliver? i bet this high end company will be right up there. i took my daughter there earlier this year. after the close we heard from buffalo wild wings. did the super bowl's extra time thanks to the power outage make this the best super bowl ever for buffalo wild wings? we heard from dominos. we need to know. they got a whole commercial about how overtime games make them more money.
. the source describes them as crude pipe bombs. one in the bunker and the other in the pipe that police used to communicate with jimmy lee dykes, who demanded two children on a school bus before killing the driver, charles poland. he wanted attention, even asking police negotiators for a tv reporter to interview him. by monday, when they saw dykes hold i holding a gun, using a secret camera they somehow had managed to sneak inside, they were ready. they swooped in, throwing a stun grenade down the bunker's hatch. the police source says dykes fired his gun once. the team returned fire, killing dykes and freeing ethan. ethan's mother said i woke up for the first time in almost a week to a beautiful sight, my sweet boy. i can't describe how incredible it is to hold him again. and today he celebrates his 6th birthday. >> he captured the hearts of all of us and we instantly fell in love with a little boy that we didn't even know his last name. >> reporter: initially planned as a prayer vigil, it turned into a celebration. >> oh, honey, we're celebrating everywhere. >> reporter: ethan is already o
are at an all time low. seems to me some of those profits could be used to pay workers a bit more. let's be honest here though, the real reason republicans oppose the minimum wage isn't their conservative ideology. after all, what's conservative about subsidizing the profits of private corporations through welfare, food stamps and medicaid so they can underpay their workers? the real reason they oppose the minimum page is precisely because their corporate benefactors want the taxpayer subsidy of low wages to continue. they're all for corporate welfare. it's time for the gop's corporate sponsors to step up and take some personal responsibility instead of leeching off the taxpayer. maybe if they took a stand for an increased minimum page they could make they're rebranding substantive. until then in tragic irony the million s of people who serve our food, take care of our children, and serve us in countless ways will continue to be undervalued and forced in government dependence by the gop and the businesses these republicans are beholden to. now to a man who is beholden to nobody, martin
our food, take care of our children, and serve us countless ways will continue to be undervalued and forced in government dependence by the gop and the businesses these republicans are beholden to. now to a man who is beholden to nobody, martin bashir starts now. >> thank you so much. good afternoon. it's thursday, february the 14th. and wayne lapierre has a valentine's card for the american people. grab a gun because the end is near. isn't that romantic? >> wayne lapierre is expanding his argument now. >> background checks will never be universal because criminals will never submit to them. >> after hurricane sandy, we saw the hellish world. >> come out to play. >> looters ran wild in south brooklyn. really? >> and if you wanted to walk several miles to get supplies, you better get back before dark or you might not get home at all. >> this is so laced with racial overtones. the republican party, if they were smart, their leaders today with condemn it, but they're not smart. >> the only thing that stops a bad guy with a gun is a good guy with a gun. ♪ >>> a busy valentine's day
will be talking about it on tuesday. the numbers -- you can also send us an e-mail, join us at corridor.com -- twitter.com/cspanwj. great expectations, immigration is one of the issues on the president's agenda. he may get much of what he wants in part because a bipartisan support on the issue of immigration. he will look for ways to declare victory on guns and climate change. the focus on the economy, that is one headline we are getting. the front page of the washington post -- the reporting of scott wilson, the chief white house reporter for the washington post. chris van hollen is our guest on c-span's newsmakers program. he is a leading democrat in the house of representatives. >> the president will be delivering his state of the union address this week. i think he will address those questions. we are so caught up in dealing with these short-term, self- imposed crises that is undermining our ability to come up with a long-term comprehensive planned. there are philosophical differences. our republican colleagues do not believe that there is any role for the government beyond providin
about that, trouble there is not a problem here. really? and within the hour ben bernanke tells us what he's going to do. how on earth can he stop printing money when the president talked disaster for america and berlusconi brings disaster to the euro. yeah. "varney & company" is about to begin. >> good morning, everyone, we're watching the three b's that are important for your money today. first of all, silvio berlusconi previously accused of sex with an underaged girl is back, don't worry, berlusconi says italians should ignore those crazy markets. we cannot ignore our markets. the dow dropped 200 points yesterday when the news of the berlusconi power play came out and just more evidence that what happens over in europe affects our money here, no matter how farfetched it might seem. as the chaos was breaking in europe. vice-president joe biden said don't worry, what happens there is not a worry here. listen to this. >> we're no longer worried, i think, about our economy being overwhelmed either by europe or at large the eu or china somehow swallowing up every bit of innovation that e
you. >> that is it for us, thank you for joining us, coming up tomorrow, ubs chief economist will join us about what is happening to the market, and former new york state homeland security czar, michael bal bony on drones and others, thank you for being with us, good night from new york. neil: linked in, face the music and pay up, anything but nothing, you are big money. you can can afford to fork over some cash. i'm neil cavuto, true, likes of linkedin and facebook not paying a penny in taxes to the federal government. to me is makes no senate all. exxonmobil still evil if it paid more than $31 billion in taxes and chevron still represen thoss paying highest rate, they don't rate any media attention -- that good. mark zuckerberg paying no rate buzz not rate any media attention, what his company does is good, and cool. even though really, does not end up with washington seeing cool cash. lingeredin pays zero percent and walmart pays federal income tax north of 32%. caterpillar 30.7% or mcdonald's 31.3%. food for thought. this is media double standard makes up to the puke, and ignoring
the largest us airlines to ensure that you are more comfortable and connected than ever. we are becoming a new american. with multiple lacerations to the wing and a fractured beak. surgery was successful, but he will be in a cast until it is fully healed, possibly several months. so, if the duck isn't able to work, how will he pay for his living expenses? aflac. like his rent and car payments? aflac. what about gas and groceries? aflac. cell phone? aflac, but i doubt he'll be using his phone for quite a while cause like i said, he has a fractured beak. [ male announcer ] send the aflac duck a get-well card at getwellduck.com. >>> i'm jim cramer, and welcome to my world. >> you need to get in the game! firms are going to go out of business, and he's nuts! they're nuts! they know nothing! >> i always like to say there's a bull market somewhere -- >> "mad money," you can't afford to miss it. >> hey, i'm cramer. welcome to "mad money," welcome to cramerica. other people want to make friends, i'm trying to save you a little money. my job is not just to entertain you but to make you a little money.
will join us with the latest from power outages to grounded flights. then, of course, there is the topics of the markets. earnings season is winding down. only 53 s&p 500 companies set to report. one event to watch, janet yellen is scheduled to speak on the economy today and our guest host this hour will be the former managing director at pimco. he's currently the share of global societies of fellows. and also we have rebecca patterson. we've got a lot to did you discuss with them. before we do that, we're going to head over to michelle who has the morning headlines. >> thank you for that, andrew. usair and nmr are set to meet. boeing completed what it called a, quote, uneventful test flight of the 787 dream liner on saturday. it was the company's first test since the airlines were grounded more than three weeks ago. >>> carnival cruise ship in the gulf of mexico will need to be towed to port. carnival's triumph, as it was called, was heading back to galveston, texas, when the fire occurred. the ship's extinguishing system kicked in, no injuries were reported. >>> let's get over to ross w
those spending cuts from going into effect because gdp wouldn't take a hit. that means growth in the u.s. couldn't take a hit. as far as what else is propelling stocks higher, mergers and acquisitions going on, media, even in the office services area, office depot, office max, possibly talking about a tie-up themselves. that is certainly giving some momentum to stocks and giving investors a little bit of oo mph to buy into the stock. who knows if it will stick. >> alison, thank you. >> sure. >>> thank you for keeping me company here at cnn as i was in for brooke baldwin. i want to take you to "the situation room" with wolf blitzer because he starts right now. and let's take a look at the "closing bell." you heard alison kosik say we're not going to hit the 14,164 today but we there is a lot going on in washington with the sequester and we have to hope that we are going to be seeing these kinds of numbers, wolf. we certainly hope it for a long time. but depending on what -- depending on what washington does, we'll have to see if it sticks. wolf blitzer? >>> thanks very much. happening now
and work with us. we care about what happens to this economy and the people who sent us here. we have proffered alternatives and solutions. we don't adhere or agree with this false choice the president's putting forward. and as cathy said, president's off campaigning in my state in newport news, virginia. yes, we're very, very concerned about the impact on the commonwealth as we are on all states. there's a way to effect the right changes and reforms so we can avoid that. and we must set aside the false choice the president is proffering. >> as the other leaders have said, the president's only -- >> all right, so that's kevin mccarthy right now. that was eric cantor before that, the speaker. doesn't look like they're putting forward a new initiative to try to break the stalemate. he's referring to legislation that members of the house, the majority, passed last -- in the last session of congress. but that legislation is not -- does not spill over into this new session of congress, if congress is going to want to take up new legislation to avert this forced spending. they have to pass
." >>> congress did it, congress can undo it. president obama is warning of dire consequences for all of us in lawmakers don't act quickly. we're talking about those forced budget cuts that take effect march 1st, slashing $85 billion from spending across the board this year. but with just ten days left, the consequences are backing more alarming. president obama outlined some of them today, told congress, let's make a deal while there is still some time. >> my door is open. i've put tough cuts and reforms on the table. i am willing to work with anybody to get this job done. none of us will get 100% of what we want. but nobody should want these cuts to go through because the last thing our families can afford right now is pain imposed unnecessarily by partisan recklessness and ideological rigid tea here in washington. visually, the president tried to make that point by having law enforcement officers standing behind him. many of them could lose their jobs. our joe johns is covering that with the different ways that the budget cuts could directly affect you. we also have renee marsh covering
between american airlines and u.s. airways. melissa: the hottest thing on the nasdaq stock exchange may be the nasdaq itself. charlie gasparino is here as they talk to go private. lori: without any further ado, let's get you updated on the markets. we are joined by lauren simonetti. >> i want to particularly take a look at goldman sachs right now. hitting a new annual high. the investment bank says that equity markets kind of went too fast. they will slow down a little bit on their global theme. however, maintain will be tough. it is just too hard to maintain. we have the strongest start since the 1990s. melissa: oil prices rising for the first time in days. fox business contributor phil flynn is our man in the pits of the cme. >> what a reversal. oil prices were below $95 a barrel. everyone thought that they would start coming back down. a lot of focus, of course, a lot of talk about these currency wars. they have a major impact on the price of crude oil. we do not think that the euro is too strong and anyone who wants to tell us otherwise, you will have a problem. we rallied in a few
investors and ben white, chief economic correspondent at politico. also here with us is david joy. it's great to have all you guys here. phil, why has the rally stalled? >> well, we've gotten out of the gate in terrific shape here. the stock market, the s&p is up about 6% the first six weeks or so of the year. we've got a very constructive full year forecast of 1660 on the s&p, which would be a record high. but we didn't think we were going to go straight there. the reality is that we've had a terrific run. the markets are a little bit tired. you've got some washington-related news coming up over the next month or so. we would expect that this would be a perfect opportunity for, you know, a 3% to 5% pause. and i think we're starting to see that reflected -- >> up to 5% is almost the whole thing. >> well, look, a week from now, president obama is going to do his state of the union address, okay? typically the market doesn't respond well when the president talks. then we're going to start to get into some of the nitty-gritty, some of the spending issues. that would be a perfect opportun
. >> hopefully dollar yen will give us good fortune this week. >> your next chance for currency trade, sunday afternoon. have a great weekend. >>> i'm jim cramer. welcome to my world. >> you need to get in the game. >> he's nuts, they're nuts! they know nothing. >> i always like to say there's a bull market somewhere. >> "mad money," you can't afford to miss it. >> hey, i'm cramer. welcome to "mad money," welcome to cramerica. other people want to make friends, i'm trying to save you a little money. my job is not just to entertain you but to make you a little money. so call me. call it a pleasant day with the dow gaining 4.9 points, nasdaq falling. we hear from annie's. now i got to tell you after the hammering that haynes celestial took, what is this company? a much more expensive natural food players have to say for itself? there is a gigantic short position in this company. could there be a more timely tell on the strength of the housing market and the rebuilding after sand see? total baited breath for this call. then there's ncl corporation, cruise ship tax are red hot. tuesday brings us
us for not leaning in, giving us a whole new laundry list of areas where we need to improve and adds attending lean-in circles to our to-do list. by the way, i wrote most of this rant from home after putting my daughter to bed before coming back to the studio. so how is that for productive. >> crystal, we salute you for doing both so well. it's thursday, february 28th, and john boehner doesn't to negotiate with anyone. or so he thinks. ♪ >> rise up, o god, and save us from ourselves. >> senator obama or president obama and senate democrats are demanding more tax hikes. >> this is going to be a big hit on the economy. >> didn't john boehner say he wasn't going to do that anymore. >> revenue issue is now closed. gee said he wasn't going to sit down and negotiate. >> it was said very clearly you will regret doing this. >> our lives are in danger. >> it looks to me like woodward hyped that claim. >> it's not even noon on thursday and the house is going home. >> i think it was winston churchill who said americans always do the right thing after they've exhausted every other possibility
. thank you for being with us on the "washington journal." the speaker pro tempore: the house will be in order. the chair lays before the house a communication from the speaker. the clerk: the speaker's room, washington, d.c., february 14, 2013. i hereby appoint the honorable chris collins to act as speaker pro tempore on this day. signed, john a. boehner, speaker of the house of representatives. the speaker pro tempore: pursuant to the order of the house of january 3, 2013, the chair will now recognize members from lists submitted by the majority and minority leaders for morning hour debate. the chair will alternate recognition between the parties with each party limited to one hour and each member other than the majority and minority leaders and the minority whip limited to five minutes each, but in no event shall debate continue beyond 11:50 a.m. the chair now recognizes the gentleman from oklahoma, mr. mullen, for five minutes. -- mr. mullin, for five minutes. mr. mullin: mr. speaker, i ask unanimous consent to address the house and to revise and extend. the speaker pro te
with normal video and this is me being shot with the eight millimeter application. the death tore showed us frame by frame where he used the app. one example, this aerial sequence. >> this is actually out of a flight window. it looks like real film. you can't tell the difference. >> reporter: he told us he also used the app to shoot video off a computer screen. his purpose was to get that '70s feel, the time when rodriguez, his subject, was actively making music. >> i filmed this with regular film, and i shot the computer screen, like that, so i got the super eight feeling. >> reporter: tracking down the creator of the app proved a challenge. we eventually located him in northeastern china where he was visiting. by skype he shared his reaction to finding out his app was used in an oscar nominated film. >> it's crazy. we are pretty thrilled. >> reporter: hearing about his app's connection to the film inspired him to watch "searching for sugar man." >> what did you think? >> it's quite a touching film. >> reporter: hong is a fan of the movie by beng lou is a fan of the app. nischelle turner,
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